07/31/2015
HMRC has published four consultations – all issued under their ‘offshore evasion strategy’, seeking views on new criminal offences, civil penalties and sanctions aimed at offshore tax evasion.
07/31/2015
Sark, a picturesque island 80 miles south of England, was until recently the last feudal state in Europe.
07/30/2015
Described by the former British cabinet minister Vince Cable as "sunny places for shady people", tax havens are much maligned.
07/29/2015
A flat rate of tax relief is one of the things we will consider in the consultation
07/27/2015
The Organisation for Economic Cooperation and Development - the leading international standards-setter for tax transparency and cooperation - has underlined Guernsey's reputation as a cooperative jurisdiction.
07/27/2015
DEVOLVED tax powers will impact the property market in unexpected ways, writes Peter Shand
07/24/2015
HM Revenue & Customs has won a legal battle against a £29m offshore tax avoidance scheme where money was supposed to fund research into brain disorders.
07/24/2015
Non-UK Domiciliaries and UK Residential Property: Upcoming Changes
07/24/2015
These kinds of misinformed, over simplified explanations are at best furphies, at worst racist.
07/24/2015
Two tax experts have warned that changes announced in the Summer Budget could see non-domiciled private equity managers hit with double taxation
07/23/2015
Shareholder approval to confirm the appointment of PwC will be sought at the annual general meeting in 2016.
07/22/2015
International tax adviser Mark Davies & Associates said the Government’s plans to introduce criminal offences for non-compliance, regardless of intention to evade tax, would “weaponise” HMRC.
07/21/2015
HMRC confirmed in the paper that the legislation will not affect the CGT treatment of genuine investments in funds made by managers on the same terms
07/21/2015
Just 19% of accountants have informed their clients about the Liechtenstein Disclosure Facility despite the beneficial programme being withdrawn in December, a survey has revealed.
07/20/2015
No liability for any period before 6 April 1999
07/20/2015
The UK government’s plans for a new law to make offshore tax evasion a criminal offence must include a requirement that prosecutors prove criminal intent, according to the Chartered Institute of Taxation.
07/17/2015
These proposals will ensure tax evasion is a high-risk activity that will result in serious consequences.
07/17/2015
Switzerland and Liechtenstein have signed a new double taxation agreement, which lowers the withholding tax rates applicable to dividend and interest payments.
07/17/2015
Under the current law a taxpayer can only be guilty of a criminal offence if HMRC can prove that the failure was deliberate.
07/16/2015
Ukraine and Cyprus have agreed to review bilateral agreements on taxation to prevent the withdrawal of capital to offshore zones, Finance Minister Natalie Jaresko wrote on Facebook.